Petrochemical Headlines
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Sasol to Delay Louisiana Gas-to-liquids Plant to Conserve Cash
(Wednesday, January 28, 2015) Sasol will delay a decision to invest in its gas-to-liquid project in the United States to conserve cash after oil prices tumbled, the firm said on Wednesday.

Shell Signs $11 Bln Deal to Build Petrochemicals Plant in Iraq
(Wednesday, January 28, 2015) Royal Dutch Shell signed a deal with Iraq on Wednesday worth $11 billion to build a petrochemicals plant in the southern oil hub of Basra.

Sibur Expects Fall in Demand As Russia Slowdown Hits Cars, Construction
(Tuesday, January 27, 2015) Russian petrochemical firm Sibur expects a drop in demand for its products from the construction and auto sectors as the country's economy slows, its chief executive told Reuters.

BASF to Add BDO Capacity at Geismar Site
(Friday, January 23, 2015) BASF will increase its production capacities for the chemical intermediate 1,4-butanediol (BDO) by 10 percent at its site in Geismar, Louisiana, as of 2016.

TPG Acquires Stake in M&G Chemicals
(Thursday, January 22, 2015) M&G Chemicals, which is building a major PTA/PET facility in Corpus Christi, Texas, welcomed a new shareholder last week.

BPA Plastics Chemical Poses No Health Risk, Says European Watchdog
(Wednesday, January 21, 2015) The chemical bisphenol A, used to stiffen some plastic food containers, poses no health risk to consumers of any age, including unborn children, at current levels of exposure, Europe's food safety watchdog said on Wednesday.

Saudi's Tasnee CEO Says 2015 Outlook Unclear After Q4 Profit Drop
(Tuesday, January 20, 2015) The new chief executive of Saudi Arabia's National Industrialisation Co (Tasnee) said on Tuesday that slumping oil and petrochemical prices were creating a difficult near-term outlook for the industry.

Japan Dec Petchem Naphtha Imports Rise 15 Pct y/y
(Friday, January 16, 2015) Japan's naphtha imports for the petrochemical sector rose 15 percent in December from the same month a year earlier, government figures showed on Friday.

Industries Qatar May Expand Petchem Output After Shell Project Cancelled
(Thursday, January 15, 2015) Industries Qatar, the Gulf's second-largest petrochemicals firm, is considering expanding production to take advantage of excess feedstock left by a project's cancellation, the company said on Thursday.

Qatar Petroleum, Shell Halt $6.4 Bln Petrochemical Project
(Wednesday, January 14, 2015) Qatar Petroleum and Shell said they had decided not to proceed with their $6.4 billion Al Karaana petrochemical project in the Gulf state.

Badger to Provide Tech for China Grassroots BPA Plant
(Wednesday, January 14, 2015) The new bisphenol-A (BPA) plant is under construction and is scheduled for mechanical completion and startup in 2015.

China Coal-chemicals Project Goes to Amec Foster Wheeler
(Wednesday, January 14, 2015) Amec Foster Wheeler Tuesday announces the award of a three-year project management contract by Shenhua Ningxia Coal Group for the Coal-chemical Byproduct Deep Processing Complex Utilization Project in the Ningxia Hui Autonomous Region in China.

Shell Restarts Singapore Ethylene Cracker - Trade
(Tuesday, January 13, 2015) Royal Dutch Shell restarted its ethylene cracker in Bukom, Singapore, this week following a three-month maintenance and expansion works to raise the unit's capacity, trading sources not related to the oil major said on Tuesday.

Replacement for BPA in Plastics Also Suspect - Study
(Tuesday, January 13, 2015) A chemical thought to be a safe replacement for one banned for use in baby bottles also causes developmental issues in fish embryos, according to a study released on Monday.

Crustacean Shells Rival Plastics for Keeping Food Fresh - Study - TRFN
(Tuesday, January 13, 2015) Packaging made from recycled crustacean shells could reduce the need for plastic wrappings to preserve fresh vegetables, reduce oil consumption and give food a longer shelf-life, a Spanish study said.

Yara Benefiting from Cheaper Gas, Strong Dollar: CEO
(Thursday, January 08, 2015) Norwegian fertilizer firm Yara is benefiting from lower European natural gas prices, a stronger dollar and a weaker Norwegian crown, Chief Executive Torgeir Kvidal said on Thursday.

Abu Dhabi Plastic Maker Borouge Says Prices to Steady in 2015
(Wednesday, January 07, 2015) Abu Dhabi plastics manufacturer Borouge expects steady demand to help stabilize product prices in 2015 after oil's plunge pushed plastic prices down 20 percent between September and January, a senior executive said on Wednesday.

S.Korea to Shut Four of 11 Naphtha Crackers in 2015 for Maintenance
(Tuesday, January 06, 2015) South Korea is expected to shut four naphtha crackers with a total capacity of 3.76 million tonnes per year (tpy) of ethylene for month-long maintenance in 2015, more than double the capacity shut last year, trading sources said on Tuesday.

Jacobs to Upgrade PTA Units at Belgium Plant
(Tuesday, January 06, 2015) Jacobs Engineering Group Inc. (NYSE:JEC) announced Tuesday that it received a contract from BP Chembel N.V. for basic and detailed engineering services to upgrade its facilities in Geel, Belgium.

Audubon Forms US Gulf Coast Downstream Division
(Tuesday, January 06, 2015) Audubon Engineering Solutions, an affiliate of Audubon Companies, has a new Downstream Center of Excellence to better serve clients along the U.S. Gulf Coast.




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